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Roxy operates a dress shop in Arlington, Virginia. Roxy also ships dresses nationwide upon request. Roxy's Virginia sales are $2,000,000 and out-of-state sales are $220,000. Assuming that Virginia's sales tax rate is 5 percent, what is Roxy's Virginia sales and use tax collection obligation? Multiple Choice $0 $11,000 $100,000 $111,000 Assume that at the end of 2022. Clampett, Incorporated (an S corporation) distributes property (fair market value of $64,000, basis of $13,000 ) to each of its four equal shareholders (aggregate distribution of $256,000). At the time of the distribution, Clampett, Incorporated, has no corporate earnings and profits and J.D. has a basis of $53,200 in his Clampett, Incorpprated, stock. How much total income does J.D. recognize as a result of the distribution? Multiple Choice $0 $13,000 $51,000 $64,000 None of the choices are correct